Under The Allred family, who have rejuvenated destination properties for nearly five decades, including Telluride, the properties include The Hermosa Inn, Tubac Golf Resort & Spa, Rancho Mañana Golf Club, and Sedona Golf Resort.
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EXEC: Rapala VMC Getting Big Hits with CrushCity Lures as Soft Baits Dominate
North American sales grew in almost all categories except hard baits, impacted by the trend shift in fishing techniques favoring soft plastics over hard baits. CrushCity was the driving force in the company’s soft bait business.
EXEC: Adidas Swings to Full-Year Profit in 2024; Job Cuts Loom at Herzo HQ
The company expects 2025 sales for the Adidas brand to grow at a double-digit rate in North America, Greater China, Emerging Markets, and Latin America. Europe and Japan/South Korea will increase at a high-single-digit rate.
EXEC: Foot Locker Execs Break Down Q4 Region, Banner and Brand Trends
Nike is still working to find its way back to a magic formula but found some energy around the NBA All Star festivities. Adidas is the focus in lifestyle and the Terrace trend while New Balance and Asics are gaining momentum and wall space.
EXEC: On Brand Sees Retail Stores and Apparel as Keys to Growth; Tariff Exposure Limited
On Holding reported in 2024 that it sourced about 90 percent of its shoes and approximately 60 percent of its apparel and accessories from Vietnam. The company last year sourced about 7 percent of its apparel and accessories from China.
Bogs, Rafters & Forsake Parent Company Weyco Sees EPS Jump on Flat Sales Growth
Weyco Group, Inc., parent company of the Bogs, Rafters, Florsheim, Nunn Bush, Stacy Adams, and Forsake brands, posted net sales of $80.5 million, essentially flat to the fourth quarter of 2023.
Pickleball, Inc. Sees New Investment from Hyperspace Ventures
This new deal represents the largest single investment by Hyperspace Ventures and made alongside Good Alpha Industries, Sinclair Broadcast Group, and other investors, joining Tom Dundon and Dundon Capital Partners.
Delta Waterfowl Names New CEO
Jason Tharpe has been named CEO. Tharpe has been with Delta Waterfowl for 22 years, most recently serving as chief development officer.
Streamlight Names New President
Michael Dineen will maintain his previous responsibilities in his new role and lead Product Management, Accounting and Finance, and IT operations. Dineen joined Streamlight following a 17-year career with MSA Safety, which accounts for a significant portion of Streamlight’s business.
USGA Names President-Elect and Two Executive Committee Members
The United States Golf Association (USGA) announced the appointment of Kevin Hammer as president-elect. Hammer replaces Fred Perpall, who is serving the last year of his three-year term.
EXEC: Fox CEO Talks Marucci’s MLB Ramp Up and an Uneven Return of Bike Sales
As Marucci enters its first year as MLB’s official bat partner, the company has expanded its bat manufacturing capacity as well as designed new products to drive incremental sales and reinforce the company’smarket-leading position in the MLB with Marucci and Victus.
Angel Martinez Named to the Oofos Board of Directors
The Industry legend joins Oofos Co-Founders Lou Panaccione and Paul Brown on the Oofos board of directors, along with other footwear industry veterans Timothy Davis, Michael Harrison, Suzy Biszantz, Thomas Wolff and John Legere.
Gymshark Appoints First U.S. Chief Commercial Officer
Kim Dolder, general manager of North America, has been promoted to the company’s chief commercial officer working from Gymshark’s New York office. Dolger also becomes Gymshark’s first U.S. Board member.
Ortovox and Cody Townsend Announce Partnership
Big-mountain Icon Townsend joins Ortobox as avalanche safety gear ambassador
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